Stock market recommendations: Multi Commodity Exchange, Godrej Properties, and Bharat Dynamics Ltd are the highest stocks that Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan recommends shopping for on April 7, 2026. Below is an in depth evaluation:Multi Commodity Exchange: Buy within the vary between Rs 2540 & Rs 2545; Stop Loss: Rs 2440; Target: Rs 2690On the day by day chart, the inventory is exhibiting a breakout of a broad vary in addition to a descending trendline by taking help from the 20 & 40 Daily Exponential Moving Averages (DEMA). It is forming the next prime and better backside above the 100 DEMA. Momentum indicators are constructive and above the zero line, exhibiting energy. The key resistance is at 2624 and help is at 2480.Godrej Properties: Buy within the vary between Rs 1584 & Rs 1585, Stop Loss: Rs 1500; Target: Rs 1720 On the weekly chart, the inventory reveals a breakout of a descending channel and a double backside construction formation on the 78.30% retracement degree of the general fall (1502). The day by day chart reveals reversal candles with constructive RSI divergence. Momentum indicators are giving a constructive crossover, suggesting energy. The key resistance is at 1665 and help is at 1500.Bharat Dynamics Ltd: Buy within the vary between Rs 1224 & Rs 1225; Stop Loss: Rs 1180; Target: Rs 1330On the weekly time-frame, the inventory is exhibiting help from an ascending trendline. On the day by day chart, the inventory reveals a breakout of a consolidation zone. It can be taking help from the 20 & 40 DEMA. Momentum indicators are giving a constructive crossover, suggesting bullish momentum. The key resistance is at 1280 and help is at 1190.(Disclaimer: Recommendations and views on the inventory market, different asset lessons or private finance administration suggestions given by specialists are their very own. These opinions don’t symbolize the views of The Times of India)
